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Myriad Uranium Corp (M) AI Stock Analysis
Myriad Uranium Corp
(CNQX:M)
The score is primarily constrained by the company’s pre-revenue status and continued negative operating/free cash flow, despite improving losses. Strength comes from a debt-free balance sheet and a larger equity base, which reduces near-term financial risk. Technicals are mildly weak with near-oversold signals, while valuation metrics are not very informative due to negative earnings and no dividend yield data.
Myriad Uranium Corp (M) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 55.01M
- Dividend Yield
- ―
- Average Volume (3M)
- 200.44K
- Price to Earnings (P/E)
- -7.4
- Beta (1Y)
- 2.02
- Revenue Growth
- ―
- EPS Growth
- 65.39%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Myriad Uranium Corp Business Overview & Revenue Model
Company Description
Established in 2018 and headquartered in Vancouver, Canada, Myriad Uranium Corp. is a mineral exploration enterprise with a primary focus on identifying uranium deposits across the United States. The company, which changed its name from Myriad Metals...
How the Company Makes Money
Myriad Uranium Corp does not appear to have publicly available, company-specific revenue details in the context provided. As an exploration-stage uranium company, it would typically not generate material operating revenue unless it sells an interest...
Myriad Uranium Corp Financial Statement Overview
Summary
Development-stage and pre-revenue (revenue is 0), with losses still material though improving (net loss narrowed from -8.45M FY2025 to -6.09M FY2026 and -4.96M TTM). Balance sheet strength is a key offset: no debt and rising equity (to 13.82M TTM). However, cash flow remains a major weakness with ongoing cash burn (TTM operating and free cash flow both -5.92M), implying continued reliance on external funding.
Income Statement
12Very NegativeBalance Sheet
58NeutralCash Flow
22Negative| Breakdown | TTM | Jul 2026 | Jul 2025 | Jul 2024 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -5.07M | -6.20M | -6.91M | -2.19M | -1.34M | -204.38K |
| Net Income | -6.09M | -6.09M | -8.45M | -3.68M | -1.50M | -450.91K |
Balance Sheet | ||||||
| Total Assets | 12.15M | 12.15M | 4.00M | 763.56K | 2.69M | 1.36M |
| Cash, Cash Equivalents and Short-Term Investments | 8.81M | 8.81M | 1.54M | 324.43K | 978.75K | 1.31M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 365.78K | 365.78K | 321.60K | 196.24K | 42.44K | 28.06K |
| Stockholders Equity | 11.79M | 11.79M | 3.68M | 567.32K | 2.65M | 1.34M |
Cash Flow | ||||||
| Free Cash Flow | -5.03M | -5.02M | -8.03M | -1.91M | -988.08K | -209.18K |
| Operating Cash Flow | -5.02M | -5.02M | -7.19M | -1.68M | -988.08K | -209.18K |
| Investing Cash Flow | -454.25K | -454.25K | -1.12M | -228.22K | 0 | 34.00K |
| Financing Cash Flow | 12.75M | 12.75M | 9.53M | 1.26M | 652.89K | 2,450 |
Myriad Uranium Corp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:M, the sentiment is Neutral. The current price of 0.39 is below the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.42, and below the 200-day MA of 0.47, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 49.51 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:M.
Myriad Uranium Corp Peers Comparison
Overall Rating
- TSE:M46Neutral
TSE:EMET40Underperform
TSE:SYH39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:M | 46Neutral | CAD 55.01M | -7.41 | -47.25% | ― | ― | 65.39% |
| TSE:EMET | 40Underperform | CAD 11.48M | -1.32 | -78.90% | ― | ― | -3811.11% |
| TSE:SYH | 39Underperform | CAD 75.24M | -113.33 | -1.58% | ― | ― | -1650.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:M | Myriad Uranium Corp. | 0.39 | 0.01 | 2.63% | |
| TSE:SYH | Skyharbour Resources | 0.34 | 0.01 | 3.03% | |
| TSE:EMET | Canamera Energy Metals Corp | 0.07 | -0.25 | -77.06% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 16, 2026